While the debate ebbs back and forth about the Mt C. "loss" perhaps it could be worthwhile to examine what the company statement said.
One comment that I found "interesting" was the observation about the "over 800 metres of diamond drilling, with INTERESTING results."
Note the word "interesting" is used. Not the word "encouraging" as JK has tended to describe a number of the recent test result releases.
If we bear that in mind and put it with the comment about "Given the technical risk associated with Mt Carbine .... etc.
So perhaps Mt C. is not that appealing. Certainly not worth pursuing with a lot more money. Note it was not just JK's decision. It was the Board's technical, legal and financial advisors that put the brakes on.
It may have some appeal. But not at ANY price.
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